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20130124
20130124
Search Results 0 to 7 of about 8 (some duplicates have been removed)
well, it's under cutting their own ideas. take for instance, raising the debt ceiling. something that everyone agrees need to be done. well, good news. by a vote of 285-144 today the house passed a bill raising the debt ceiling until may. but due to a provision that would withhold congressional pay if a budget isn't approved this year. 111 democrats voted against raiding the debt ceiling calling that provision a gimmick. however, it goes well beyond the house. today senator dick durbin revealed the democrats don't have the 51 votes necessary to reinstitute the talking filibuster even through the so-called nuclear option, even though everyone seems to want it. the last hope in filibuster reform is harry reid's great compromise of needing 41 votes to maintain a filibuster but i'm confident that the democrats will find some way to back down from that, too. joining me now the only one and only michael tomasky. starting with the debt ceiling. 111 democrats voted against raising the debt ceiling. was this all about the no budget no pay provision are the democrats trying to stick it to
to justify that is really deeply strange. for decades, raising the debt ceiling was something that congress has been willing to do. since the presidency of fdr, congress has to do. since fdr, congress voted to raise it literally dozens of times. the way we run the country, for generations, you may not like it. it is how we use the debt ceiling, we have raised it 89 times just between 1939 and 2010. the only time we haven't had to raise it in recent years was at the very end of the clinton administration when we started to run a budget surplus, remember that? but other than that, it happens as a matter of course. it is routine, but in 2010, the republicans decided they wouldn't do it anymore. and in the standoff, where they said they wouldn't do it again, even though it was done with presidents before them, they were not going to do it. the country could default on its debts, that was an economic disaster. check it out. this is job growth, month to month in the year 2011. during that time when it is weirdly suppressed, oh, yeah, it is the fight over the debt ceiling. so when you hear others
to be -- to compromise to the slightest extent and all they did was kick the debt ceiling down the road three months. >> stephanie: yeah, and boehner called his own bluff he said never going to raise it without equal pay cut, and basically he went back on that, and as you said, all he did was kick it down the road for three months. what was the point for him? >> the point was to look like they had some kind of a win because they knew they were in trouble on the debt ceiling, and then put the pressure on somebody else, namely the senate. but they are going to put forth a budget pretty soon that is really going to be an important % contrast for the american people to see. they are going to try to balance the budget in ten years, which you cannot do without slashing medicare and medicaid, and social security. so the american people will get, i think, a very good look at the way republicans want to balance the budget and do deficit reduction and the way democrats do. we actually went through this with paul ryan's budget which was so egregious the leader of his party had to back awa
Search Results 0 to 7 of about 8 (some duplicates have been removed)